3 Claremont Drive, Manor Park - Cardinal Glen and Area, ON K1K 4J6
$3,595,000
3 Claremont Drive, Manor Park - Cardinal Glen and Area, ON K1K 4J6, Manor Park - Cardinal Glen and Area, ON
5350.0 sqft
Rarely does a real estate investment property of this caliber become available. 3 Claremont Drive is an exquisitely designed, concrete and steel -constructed three-story building, masterfully built with no expense spared. The property features a dental office on the main floor and four spacious two-bedroom apartments on the second and third floors. Each apartment offers an identical layout of approximately 1,180 square feet and is finished with high-quality materials, including hardwood floors, ceramic tiling, and premium fixtures. Amenities include six appliances (with ensuite laundry), gas fireplaces, central air conditioning, intercom systems, and large balconies. The building provides six underground parking spaces and three tandem surface spaces at grade. The property maintains zero vacancy; the dental practice is on a long-term triple net lease, while residential tenants pay their own heat and hydro. There is significant upside potential for residential rental income. Given the new zoning overlay and the integrity of the pre-engineered concrete and steel superstructure, there may be an opportunity to add additional floors for further rental suites in the future. The current Net Operating Income (NOI) exceeds $156,000, with a clear path to increase this to over $180,000 upon turnover. There is a recent Building Inspection Report, and Appraisal on hand to be shared with qualified prospective buyers. All enquiries welcome.
Property Highlights
For Sale
MLS NO.
X12901784
Type
Commercial
Sub Type
Investment
Square Footage
5350.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X12901784
Security Features
Yes
Lot Width
109.5
Garage Type
Other
Cooling
Yes
Heat Type
Gas Forced Air Open
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
3 Claremont Drive, Manor Park - Cardinal Glen and Area, ON K1K 4J6
City
Manor Park - Cardinal Glen and Area
Neighbourhood
3102 - Manor Park
County / Region
Ottawa
Province / State
ON
Postal Code
K1K 4J6
Cross Street
St. Laurent BLVD & Hemlock Road
Directions
Turn into Claremont from St. Laurent BLVD
Country
CA
List Price
$3,595,000
Annual Taxes
$29,874
Tax Year
2025
Possession Type
90+ days
Possession Details
TBA
Listing Office
LPT REALTY
Board
Ottawa Real Estate Board
Original Entry
2026-03-19T23:07:21Z
Media Updated
2026-03-20T16:54:03Z
Photos Updated
2026-03-19T23:07:22Z
Last Modified
2026-03-22T20:05:32Z
System Modified
2026-03-22T20:05:32.634519Z
MLS Status
New
Ddfyn
Yes
Expiration Date
2026-07-31
Heat Type Multi
Gas Forced Air Open
Hstapplication
In Addition To, Included In
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
042730417
Parking Spaces
9
Public Remarks
Rarely does a real estate investment property of this caliber become available. 3 Claremont Drive is an exquisitely designed, concrete and steel -constructed three-story building, masterfully built with no expense spared. The property features a dental office on the main floor and four spacious two-bedroom apartments on the second and third floors. Each apartment offers an identical layout of approximately 1,180 square feet and is finished with high-quality materials, including hardwood floors, ceramic tiling, and premium fixtures. Amenities include six appliances (with ensuite laundry), gas fireplaces, central air conditioning, intercom systems, and large balconies. The building provides six underground parking spaces and three tandem surface spaces at grade. The property maintains zero vacancy; the dental practice is on a long-term triple net lease, while residential tenants pay their own heat and hydro. There is significant upside potential for residential rental income. Given the new zoning overlay and the integrity of the pre-engineered concrete and steel superstructure, there may be an opportunity to add additional floors for further rental suites in the future. The current Net Operating Income (NOI) exceeds $156,000, with a clear path to increase this to over $180,000 upon turnover. There is a recent Building Inspection Report, and Appraisal on hand to be shared with qualified prospective buyers. All enquiries welcome.
Showing Requirements
Lockbox, See Brokerage Remarks, Showing System, List Salesperson
